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1·Specifically, Lehman will offer three million shares of noncumulative perpetual convertible preferred stock.

雷曼兄弟此次将发售三百万股非累积永久性可转换优先股。

2·Convertible Preferred stock Preferred stock that can be converted into common stock at the option of the holder.

可转换优先股持有人有权选择转换成为普通股的优先股。

3·Firstly, this paper argues that convertible preferred stock can not only allocate residual claims between investors and entrepreneurs, but also assign control rights.

可转换优先股不仅可以在投资者和企业家之间分配剩余索取权，还可以分配控制权，而且这种控制权的转移是状态依存的。

4·They own preferred stock convertible to 4.3 billion common shares, which is equivalent to a 70% stake in Sanyo.

他们拥有的优先权可兑换为43亿普通股，相当于三洋70%的股份。

5·While Treasuries look rich, other parts of the bond market beckon, including municipals, corporate bonds, convertible securities, some mortgage securities and preferred stock.

虽然国债看上去不错，债券市场的其他品种更有吸引力，它们包括市政债券，公司债券，可转换证券，一些抵押贷款证券和优先股。